US stock market loses over $250B at open as liquidity squeeze rattles risk assets

The post US stock market reels lower as Treasury yields soar appeared on BitcoinEthereumNews.com. The US Treasury market is rearing its head once again on Friday, this time causing a broad sell-off in US market indices. The NASDAQ Composite opened up close to 1.4% lower, while the S&P 500 and Dow Jones Industrial Average (DJIA) are both off between 0.5% and 1.0%. All three indices sold off much worse in the futures market, so there is reason to believe the indices will fall further as the regular session gets underway. The culprit? Treasury yields. The US 10-year has risen nearly 8 basis points to 4.57%, while the US 30-year yield is up about 1.6% to 5.11%. Many observers are pointing to political instability in the leadership of Prime Minister Kier Starmer in the United Kingdom (UK). Upheaval in his own Labour Party has led to further calls for Starmer to resign, pushing up Gilt yields. On the US side of the ledger, the NY Empire State Manufacturing Index for May came in Friday mornin

A weaker-than-expected surplus suggests increased future borrowing, potentially raising yields and impacting market liquidity and risk assets. The post US federal budget balance hits $215B surplus in April, falling short of forecasts appeared first on Crypto Briefing.

The post US stock market loses over $250B at open as liquidity squeeze rattles risk assets appeared on BitcoinEthereumNews.com. The US stock market shed more than $250 billion in value at the open, adding to a brutal stretch for risk assets that has spilled across equities, crypto, and derivatives markets in rapid succession. What happened across markets The equity sell-off at the open mirrored a severe downturn already underway in digital assets. Total crypto market capitalization dropped from roughly $3 trillion to approximately $2.66 trillion, a decline of around $250 billion in its own right. Bitcoin fell from around $84,000 to approximately $76,000. Ether fared worse, dropping to about $2,243, which puts it more than 50% below its all-time high. Open interest in digital-asset derivatives fell to $24.2 billion, the lowest level in nine months. That’s a textbook deleveraging event: traders closing positions, reducing exposure, and pulling capital off the table all at once. The dolla

Persistent inflation pressures may lead to prolonged high interest rates, challenging risk assets and potentially slowing economic growth. The post US supercore CPI rises to 3.3% YoY, up from 3.1%, signaling sticky inflation ahead appeared first on Crypto Briefing.

Enhanced US-Japan currency coordination may stabilize forex markets, potentially reducing volatility in risk assets and impacting global investments. The post Scott Bessent reaffirms US, Japan coordination on currency moves appeared first on Crypto Briefing.

A potential BOJ rate hike could strengthen the yen, impacting global carry trades and creating selling pressure across various risk assets. The post Bank of Japan debates near-term rate hike, eyes June move appeared first on Crypto Briefing.

The heightened Fed rate hike odds could strain global markets, impacting risk assets and economic stability amid geopolitical tensions. The post Fed rate hike odds surge amid Iran-US conflict and inflation concerns appeared first on Crypto Briefing.

A hotter CPI could delay rate cuts, impacting risk assets and crypto markets, as investors reassess economic conditions and inflation trends. The post Morgan Stanley sees ‘spicier’ CPI as inflation week kicks off appeared first on Crypto Briefing.